At FPA, we recognize that benefits are an important part of your total compensation package. We offer a competitive and comprehensive benefits program for all full-time employees. We recognize that our continued success is significantly based on the quality of our staff. Our goal is to attract and retain top-notch talent.
The following are some of the benefits of working at FPA:
The FPA base pay and incentive compensation programs are a vital piece of the consultant's total cash compensation opportunity. As a consultant your base pay is reflective of your overall responsibilities and demonstrated skills. Incentive pay is designed to reward you for results in the areas of billable hours, obtaining certifications and letters of recognition, and meeting professional objectives. We believe that our employees are our competitive advantage and have a compensation program in place that rewards outstanding performance.
Continuing Education Program (CEP)
In addition to the internal training of FPAU, FPA also provides a training expense budget to every professional staff member towards outside training through our Continuing Education Program. This program is an ongoing part of everyone's Annual Performance Plan. We believe our staff is a key component of our success and a key component in retaining staff in the technology field is through continued formal training and growth.
Health insurance benefits provided by FPA give eligible employees the security that major medical expenses will not become financially devastating events. The FPA program offers a variety of medical plans to choose from (PPO or HMO), and is administered through Aetna. Medical coverage for eligible employees on most plans is fully paid by FPA.
Long Term Disability Insurance
A permanent injury or illness can also cause a significant, long term financial burden. To provide additional security, eligible employees of FPA are automatically covered under a long term disability insurance policy, which provides partial income replacement if you become permanently disabled and are unable to work due to injury or illness.
To allow financial peace of mind, FPA offers a 401(k) plan to allow employees the opportunity to save, on a tax-deferred basis, for retirement. Enrollment takes place on a semi-annual basis and new employees may enroll at the first semi-annual enrollment date following six months of continuous full-time employment. Employees may contribute up to the maximum annual IRS limits ($15,000 for 2006). FPA currently matches 25 cents for each $1 of the first six percent of compensation deferred. We also offer immediate vesting in all company matching.
The company provides a variety of employee activities allowing employees to meet and interact with fellow employees and their families in a social setting.
Note: This information is not intended to be an all-inclusive listing of benefits. All insurance plans are administered in accordance with Plan Documents whereby actual coverages and exclusions are indicated. In the event that this summary varies from the Plan Document, the Plan Document will prevail.